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Looking to Ride the Electric Vehicle Boom? These Analysts Suggest 2 EV Stocks to Buy

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Motley Fool

ChargePoint After Earnings: Bull vs. Bear

Leading electric vehicle (EV) charging company ChargePoint Holdings (NYSE: CHPT) reported its third-quarter fiscal year 2022 earnings on Tuesday. Should you flock toward EV charging growth stocks, or is ChargePoint worth avoiding for the time being? Daniel Foelber: All eyes remain on ChargePoint’s top line, which is finally showing the growth that many industry watchers expected in 2021. For context, ChargePoint reported disappointing results last fiscal year (FY), growing revenue by just 1% from $144.5 million in FY20 to $146.5 million in FY21.

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